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20121129
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CSPAN 13
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Search Results 0 to 12 of about 13
CSPAN
Nov 28, 2012 8:00pm EST
tom call who suggested he and his gop colleagues should renew middle-class tax cut and allowed the top tax rates to let -- rise. tonight, we speak from -- hear from speaker boehner, house democrats, and president obama on the so-called fiscal clef. later, alan simpson and erskine bowles talk about some of the fiscal choices facing congress. >> the program began under one of the advisers to president franklin roosevelt to document the conditions under which people were living. this was back when we did not have television. we had radio, but a lot of places did not have electricity, so they could not listen to the radio broadcast to find out what was going on in other parts of the country. he was an economist from columbia university. he was the head of this project. in 1939, when kodak introduced color film, they sent him to have his photographers try out, see what they could do. kodak was trying to establish a new market and product, and they wanted people who would know how to use it effectively to try it out and publicize it. >> america in the 1930's and 1940's -- the library of
CSPAN
Nov 28, 2012 6:00am EST
know it. it has been doing something with actual tax revenues. mitt romney proved during the campaign you cannot do it just by doctoring up the tax code. that should be part of the deal. we need to have tax reform, we have to have the people that have done so well during the difficult time with the economy, the richest of the rich will have to pay a little bit more to solve the idea of the problems of the country. -- to solve the financial problems of this country. >> good afternoon, everyone. as we head into the fiscal cliff negotiations, my advice to the president would be -- seems like our friends on the other side are having difficulty turning off the campaign. we need to sit down and work this matter out. i think we have a clear sense of the year to do something important for the country. we all know that the most critical steps to be taken are to save the entitlements, which are on an unsustainable path to bankruptcy. there's no better time to begin to fix that problem than right now. so i would hope our friends on the other side can kind of turn off the campaign and ge
CSPAN
Nov 21, 2012 6:00am EST
we're having today. >> maybe that will be an opportunity to increase the federal gasoline tax even if we go -- don't go to a full carbon tax, it will produce a lot of revenue with 50 cents per gallon federal tax. >> the only problem from a climate perspective, it is a small share of the problem. the problem is really in the energy sector a without a carbon tax you are not directly getting back.t >> >> i think you can design one such way that does not cause too much harm for american industries that compete with folks abroad. consumption tax is difficult if you try to do a value added tax. there are things you can do to tweak the income-tax to make it look like a value added tax. >> at the end of the day, what you think the tax code will look like when these conversations between the president and speaker john boehner are done? what will look like when they are done? >> i think we will have slightly higher marginal tax rates on some -- at least one high income tax bracket and i think there will be a variety of tax and exclusions and deductions that are scaled back modestly and that's a
CSPAN
Nov 22, 2012 1:00am EST
? are we gointo find super pac's that will influence the outcome of legislation or tax code reform or you name it, what ever the issue is? or is this strictly a candidate- driven phenomenon? >> i do not know. i think it will probably be -- somebody can write a $20 million check on every issue they choose. that is the world we are living in. they can write a check for an issue campaign. they can write a check to bribe -- tried to buy a governor's race. bacon ready check to try to control congress. the poisonous than for our country. in mitt romney's campan, the central actor was not the romney campaign but the super pac's. in our campaign it was the obama campaign. may be the last presidential campaign to be able to say that. >> request and from a student? >> given how unpopular the super pac's are, is there any possibility they might be able to produce some kind of way of stopping money in the future sunday? >> given how unpopular the super pac's are -- i am not sure about that promise, you can talk about that, is there any way to stop them? >> i think we had a 30-ar campaign finance
CSPAN
Nov 21, 2012 1:00am EST
chairman ben bernanke is urging washington to avoid the tax increases and budget cuts that will begin to take effect next year. while speaking at the economic club of new york, he called for an increase in the federal debt limit saying a dault could result in an economic crisis. >> thank you very much. good afternoon. it is nice of you to join me for lunch at this intimate gathering. [laughter] i know many of you and your friends and neighbors are recovering from the events of hurricane sandy -- i want to let you know our thoughts are with everyone who has suffered during the storm and its aftermath. it has been a very challenging time for new york city. i think you have shown quite a bit of fortitude in coming back and getting back to business. my remarks today are going to focus on the reasons for the disappointingly slow pace of economic recovery in the united states, and the policy actions that have been taken by the federal open market committee to support the economy. in addition, i will discuss important economic challenges our country faces as we close out 2012 and move into 2013
CSPAN
Nov 27, 2012 8:00pm EST
to lift the debt limit. and all of these issues are before us. tax increases are not. but underlying all of that, foundational to all of that, is putting america back to work. getting americans back into their jobs. if we do that we will clearly increase employment and when you increase employment you always increase tax revenue to the federal government, to state governments and local governments. so our principle task as i see it and i think i'm joined by many of my colleagues, both democratic and republican, is to get the american economy going. to put it back in gear. and there are many reasons beyond just employment and the opportunities that family have -- families have to make it. one of the critical elements in all of this is to protect americans. we recently saw superstorm san joaquin smash into -- sandy smash into new jersey and new york with devastating results. loss of life, incredible loss of property, both public and private, and a very, very big cleanup bill. joining me in a little while will be some of our representatives from the state of new york. and they'll talk a
CSPAN
Nov 21, 2012 8:00pm EST
on tax reform and education and immigration and fiscal policy, now that we're no longer the issue of we have a reelection, that's done. barack obama has run his last campaign and you have divided government. i think the mandate the american people was sending is work together. focus on us not what divides you as politicians, focus on us. and i don't offer misplaced optimism often. because in washington you can get pessimistic quick. but i do have confidence there is path way on tax reform, on continued education reform, on doing some smart things around energy. and that's the test of the ment and the leaders in the senate and houses. can they come together post election. and for a period of time put your needs and the needs of the country first. and i have a great deal of confidence we'll do that. so i look forward to talking to you about the election that just happened. [applause] >> thank you for having me back. it's great to be back at the university of delaware and thank you for coming. when we look at this election in 2012, republicans should not be diluted about the magnitude o
CSPAN
Nov 29, 2012 1:00am EST
class go without this tax cut. so where we disagree, let us push that off. where we agree, let's embrace. further, we discussed again the long term effects of our deficit, which are directly tied to health care -- the work that has been done in the congress as it relates to constructing and exchange that will take place in 2014 and go into effect, and the tools that we provided a initially on a concept that by its very nature was one designed by republicans, that there is ample room for us to tackle the unbelievable rise in cost of health care to 17% of our gross domestic product by focusing on dropping those costs. most recently the president of aetna said very clearly -- not only if we drop those costs would we make health care more affordable, we would also deal with balancing our national debt. so these are all very constructive areas that we all should agree to. that the american public wants us to pursue. we remain optimistic because of the way the president has gone out there and is selling this concept, not only in white house public. i commend leader boehner, speaker boe
CSPAN
Nov 29, 2012 6:00am EST
serious about reducing spending and i would say to you, you have written a lot about the tax side of the equation. we need to read more about the spending side of the equation. they are equally important if we are going to get a balanced plan. they are serious about reducing spending -- that would include reducing spending on health care entitlements. they are serious about protecting the middle class -- you can really feel the president's passion on that. they were serious about restoring confidence in the short and long term so our economy can grow and create jobs. i think the president has always been for a balanced approach come as alan and i have. our message to the president and the congress from day one has been the same -- that is the problem is real, the solutions are painful, and there is not going to be an easy way out of it. the only way to solve it will be a balanced plan with cutting spending and one without the other will not work. where do i think we are? i am really worried. i believe the probability is we are going over the cliff. i think that would be horrible. it
CSPAN
Nov 28, 2012 1:00am EST
privilege and taxes. those are the two possibilities, but we should do it. the fight against unemployment, in my eyes, is the highest priority for the european union, or must be the highest priority for the european union. the international labor organization spoke about the lost generation in such countries. to lose a whole generation from a society is to destroy democracy. therefore, if there are not direct places for young people, we must intervene directly from the state level to support those enterprises to employ young people. i could tell a lot more, but i was asked to do it shorter. both sides have a lot of economic and political problems, but we are solving the problems. we must solve our economic and political problems and cooperate, and it is possible. perhaps one problem is the lack of cooperation between the united states and the european union. to solve the problems we have, one step is to cooperate more. gender equality, the european parliament is one of the strongest fighters in the world for gender equality. i can tell you for a lot of men and women, perhaps more women th
CSPAN
Nov 23, 2012 1:00am EST
asked to make any sacrifices. we have not had to pay any higher taxes or give up anything. the war just went on, followed by these braden americans, men and women, representing a cross- section of this immigrant nation in terms of where they come from. that is not just unjust, it's immoral for a democratic society to allow that to happen. we all have an opportunity now to begin to correct the course. that is not just to welcome them home with a sign at the airport. it is to make sure they feel they are a part of our civilian society, that they have the opportunity to find a job, to be educated, to raise their families, and to have the kind of services that so many of them need to deal with their physical wounds as well as their emotional wounds. we also have to remember that some many of them -- so many of them are coming home wanted to make a contribution to their society. they're not victim's, they're proud of what they did, and with good reason. so we open this session today with two of our finest military men, two career officers who gave us all a sense of pride as their fellow citi
CSPAN
Nov 22, 2012 6:00am EST
because they don't pay federal income tax. and because they don't pay their a bunch of takers. you in this room, you're the makers, you're being victimized by the takers and there is nothing i can do about those takers so forget about it. i think it was a disaster. and a lot of the people in that 47% are in fact the base of the republican party. >> david. >> this is not because we're having a blue hand love in. if the republican party were to listen to half of what steve said in his opening comments they would rehabilitate themselves quickly. i think there is going to be a civil war between the view of people like steve and the view of some on the hard right. and i thought up here i'm not going to say a challenging thing about governor romney or pour salt in any wounds. but a few hours ago governor romney did a conference call to thank some of his donors. and he said that the reason he lost was that the president had given gifts, his word gifts to young people in the form of student loans and student loan repayment process. gifts to the latino policy by saying dream act kids would
CSPAN
Nov 20, 2012 8:00pm EST
local governments. in response to a large and sustained decline in their tax revenues, state and local governments had cut about 600,000 jobs since the third quarter of 2008 while reducing real expenditures for infrastructure projects by about 20%. more recently, the situation has to some extent reversed. the drag on economic growth for state and local fiscal policy has diminished as revenues have improved and pressures have eased for further spending cuts or tax increases. in contrast, programs have led federal fiscal policy to begin restraining gdp growth. indeed, almost any -- under almost any plausible scenario the drag next year from federal fiscal policy on gdp growth will outweigh the positive effect on growth from fiscal expansion at the state and local level. however, the overall effect of the federal fiscal policy on the economy in the near term and the longer run remains quite uncertain and depends on how policy makers meet two daunting fiscal challenges. one by the start of the new year, and the other by no later than the spring. what are these women challenges? first
Search Results 0 to 12 of about 13